🚨 JUST IN: Binance’s $2.5B hack may stem from a compromised signature system, not stolen private keys, says Blockaid CEO Ido Ben-Natan.

First reported Oct 30, 2026, 00:28 UTC

Source reports

🚨 JUST IN: Binance’s $2.5B hack may stem from a compromised signature system, not stolen private keys, says Blockaid CEO Ido Ben-Natan. The attacker reportedly bundled 50 EIP-7702 authorizations into one transaction to hijack a Binance wallet. Binance has yet to confirm the… — @Cointelegraph (X), Oct 30, 2026, 00:28 UTC
Blockaid Reveals How Hacker Took Control of Binance Wallet: One of 50 EIP-7702 Authorizations Succeeded According to analysis by blockchain security firm Blockaid, the attacker used Ethereum’s EIP-7702 authorization mechanism to attack Binance’s Binance 14 hot wallet. Because… — @WuBlockchain (X), Oct 30, 2026, 02:47 UTC

Excerpts are quoted from the linked sources, which own their text.